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Post by "Evil Brood" Jackson Vanik on Dec 18, 2020 10:11:33 GMT -5
From the Observer:
"The company is working on locking down Riddle, whose contract is up in August. It’s said he’s pretty much agreed to terms for a three-year deal at $400,000 per year guaranteed plus $50,000 for every show in Saudi Arabia. The story is that Vince doesn’t understand his bro gimmick but loves the vignettes he’s doing as he finds them hilarious. Unfortunately, that’s R-Truth territory as far as lower card comedy positioning."
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fw91
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Post by fw91 on Dec 18, 2020 10:17:23 GMT -5
400k a year to be a stoner.... Damn
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Post by Vice honcho room temperature on Dec 18, 2020 10:38:49 GMT -5
No wonder Vince didn't strike while the iron was hot on RVD if he can't get MMA RVD's gimmick.
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Post by Harry The Arrow was Wrong! on Dec 18, 2020 10:51:58 GMT -5
I honestly expect it to be more but I guess they're done giving out those insane contracts
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Post by The Dark Order Inferno on Dec 18, 2020 10:56:39 GMT -5
He needs to get a clause where he gets paid if he gets canned to avoid getting fired as part of a talent full to please shareholders like the Gallows et al.
I doubt Riddle can use AEW for leverage, given the allegations against him, AEW won't pay out for a guy they may have to can.
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Post by celtics543 on Dec 18, 2020 10:57:28 GMT -5
The contracts today are confusing. I'd assume that's his downside guarantee but other than merch what else are they getting a cut of? I know in years past when ppv was a thing the wrestlers would get a cut of that depending on where they were on the show. Are they getting a cut of network subscriptions? I assume that can't be as much as before so the downside has to higher to compensate?
Basically big stars of the past could make over a million for a single Wrestlemania main event. I don't see how today's big stars are making that money up. So 400,000 is a lot but if Riddle was going to get a huge push in the early 2000's he could net more than that in a single match if he main evented WM.
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Post by polarbearpete on Dec 18, 2020 11:03:48 GMT -5
The contracts today are confusing. I'd assume that's his downside guarantee but other than merch what else are they getting a cut of? I know in years past when ppv was a thing the wrestlers would get a cut of that depending on where they were on the show. Are they getting a cut of network subscriptions? I assume that can't be as much as before so the downside has to higher to compensate? Basically big stars of the past could make over a million for a single Wrestlemania main event. I don't see how today's big stars are making that money up. So 400,000 is a lot but if Riddle was going to get a huge push in the early 2000's he could net more than that in a single match if he main evented WM. $400,000 would be the downside guarantee. You typically get payoffs for each show you work depending on the house, your position on the card, etc. That counts against your downside guarantee. If at the end all of your payouts are less than the downside then you get that money. It can also be the case that the payouts are more than your downside. I believe they are given the option of having their downside spread over the year too so they get consistent paychecks whether they’re working or not.
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Post by Magic knows Black Lives Matter on Dec 18, 2020 11:10:08 GMT -5
Idk why Dave or whoever wrote the quote like Truth isn’t one of the more constant presences on tv while taking virtually no bumps, lmao. Feel like a lot of folks would kill for that.
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Post by Fake Jesus on Dec 18, 2020 11:12:40 GMT -5
400,000k PER YEAR is a 1.2 million dollar contract.
For a midcard dude whose gimmick is "sexually aggressive stoner".
That doesn't seem low at all.
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Wieners=$$$
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Post by Wieners=$$$ on Dec 18, 2020 11:13:29 GMT -5
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Post by celtics543 on Dec 18, 2020 11:33:46 GMT -5
The contracts today are confusing. I'd assume that's his downside guarantee but other than merch what else are they getting a cut of? I know in years past when ppv was a thing the wrestlers would get a cut of that depending on where they were on the show. Are they getting a cut of network subscriptions? I assume that can't be as much as before so the downside has to higher to compensate? Basically big stars of the past could make over a million for a single Wrestlemania main event. I don't see how today's big stars are making that money up. So 400,000 is a lot but if Riddle was going to get a huge push in the early 2000's he could net more than that in a single match if he main evented WM. $400,000 would be the downside guarantee. You typically get payoffs for each show you work depending on the house, your position on the card, etc. That counts against your downside guarantee. If at the end all of your payouts are less than the downside then you get that money. It can also be the case that the payouts are more than your downside. I believe they are given the option of having their downside spread over the year too so they get consistent paychecks whether they’re working or not. Ya I understand how that works, I just don't know where that extra money is coming that guys used to get. If I remember right it was one of the reasons Punk left, ppv bonuses were going to be nonexistent once the network started. Guys got huge money for ppv bonuses even when they had downside guaranteed contracts. My assumption is that they aren't getting paid as much yearly now because of that so the downsides had to go up a little bit. Like, I assume Riddle will make roughly $400,000 regardless of how good of a year he has. If a guy like Austin had a $400,000 downside he probably made ten times that based on ppv payouts. $10 a month for network subs probably aren't making up for those ppv payoffs not happening based on buy rate.
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Post by Feyrhausen on Dec 18, 2020 11:43:16 GMT -5
$400,000 would be the downside guarantee. You typically get payoffs for each show you work depending on the house, your position on the card, etc. That counts against your downside guarantee. If at the end all of your payouts are less than the downside then you get that money. It can also be the case that the payouts are more than your downside. I believe they are given the option of having their downside spread over the year too so they get consistent paychecks whether they’re working or not. Ya I understand how that works, I just don't know where that extra money is coming that guys used to get. If I remember right it was one of the reasons Punk left, ppv bonuses were going to be nonexistent once the network started. Guys got huge money for ppv bonuses even when they had downside guaranteed contracts. My assumption is that they aren't getting paid as much yearly now because of that so the downsides had to go up a little bit. Like, I assume Riddle will make roughly $400,000 regardless of how good of a year he has. If a guy like Austin had a $400,000 downside he probably made ten times that based on ppv payouts. $10 a month for network subs probably aren't making up for those ppv payoffs not happening based on buy rate. I guess the way you have to look at it is that a few years back a guy on Riddles level might only have had a downside of around 150,000. But with a full house show, tv, and occasional ppv schedule you could be looking at more than 400,000. So now with no house shows and probably no ppv bonuses except Mania they are just giving a guy like Riddle 400,000.
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Post by celtics543 on Dec 18, 2020 11:48:20 GMT -5
Ya I understand how that works, I just don't know where that extra money is coming that guys used to get. If I remember right it was one of the reasons Punk left, ppv bonuses were going to be nonexistent once the network started. Guys got huge money for ppv bonuses even when they had downside guaranteed contracts. My assumption is that they aren't getting paid as much yearly now because of that so the downsides had to go up a little bit. Like, I assume Riddle will make roughly $400,000 regardless of how good of a year he has. If a guy like Austin had a $400,000 downside he probably made ten times that based on ppv payouts. $10 a month for network subs probably aren't making up for those ppv payoffs not happening based on buy rate. I guess the way you have to look at it is that a few years back a guy on Riddles level might only have had a downside of around 150,000. But with a full house show, tv, and occasional ppv schedule you could be looking at more than 400,000. So now with no house shows and probably no ppv bonuses except Mania they are just giving a guy like Riddle 400,000. Ok that was what I was wondering. I assumed downside guarantees had to have gone up. So what do we think the top guys guarantee is? I mean a guy like Orton or Reigns in 2001 would have made 10 - 15 million dollars with ppv bonuses and stuff. I can't imagine their downside is anywhere close to that right?
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Post by Feyrhausen on Dec 18, 2020 11:58:36 GMT -5
I guess the way you have to look at it is that a few years back a guy on Riddles level might only have had a downside of around 150,000. But with a full house show, tv, and occasional ppv schedule you could be looking at more than 400,000. So now with no house shows and probably no ppv bonuses except Mania they are just giving a guy like Riddle 400,000. Ok that was what I was wondering. I assumed downside guarantees had to have gone up. So what do we think the top guys guarantee is? I mean a guy like Orton or Reigns in 2001 would have made 10 - 15 million dollars with ppv bonuses and stuff. I can't imagine their downside is anywhere close to that right? I would think the biggest stars would have had a downside in the million range just in case of injury. But would be expected to make much more. I think 10-15 is a little much though. I dont think they made much more than 5 but I could be wrong. I
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Post by polarbearpete on Dec 18, 2020 12:00:37 GMT -5
$400,000 would be the downside guarantee. You typically get payoffs for each show you work depending on the house, your position on the card, etc. That counts against your downside guarantee. If at the end all of your payouts are less than the downside then you get that money. It can also be the case that the payouts are more than your downside. I believe they are given the option of having their downside spread over the year too so they get consistent paychecks whether they’re working or not. Ya I understand how that works, I just don't know where that extra money is coming that guys used to get. If I remember right it was one of the reasons Punk left, ppv bonuses were going to be nonexistent once the network started. Guys got huge money for ppv bonuses even when they had downside guaranteed contracts. My assumption is that they aren't getting paid as much yearly now because of that so the downsides had to go up a little bit. Like, I assume Riddle will make roughly $400,000 regardless of how good of a year he has. If a guy like Austin had a $400,000 downside he probably made ten times that based on ppv payouts. $10 a month for network subs probably aren't making up for those ppv payoffs not happening based on buy rate. They definitely were still getting bonuses when they were running live events. They weren’t just based on PPV buys but on gates also. COVID era obviously there are no live gates so downsides are probably what everyone is making (plus merch). Once live shows are back I assume people will start to have the opportunity to make more. But yes, in general, downsides have been rising in recent years.
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ayumidah
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Post by ayumidah on Dec 18, 2020 14:17:40 GMT -5
ew
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Post by EoE: Well There's Your Problem on Dec 18, 2020 14:23:07 GMT -5
Idk why Dave or whoever wrote the quote like Truth isn’t one of the more constant presences on tv while taking virtually no bumps, lmao. Feel like a lot of folks would kill for that. R-Truth has extended his career AT LEAST 10 years, into his goddamn late 40s, by being this cloud cuckoo lander character. It’s HIS picture in the dictionary next to “secure the bag” and don’t you forget it.
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Post by Deleted on Dec 18, 2020 14:31:24 GMT -5
Vince to Riddle: "You know, pal, I used to smoke a little bit of grass myself."
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Gus Richlen Was Wrong
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Post by Gus Richlen Was Wrong on Dec 18, 2020 14:37:29 GMT -5
They can't use the money on someone less shit?
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Post by eJm on Dec 18, 2020 14:44:10 GMT -5
It’s cool they’re willing to pay him more money before they inevitably cut him near the end of 2021 after the court case.
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